Initial Bid definition

Initial Bid shall have the meaning given to that term in Subparagraph 3.02(b) of the Purchase Agreement.
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Initial Bid means bids received by the Debtors for the Hotel Management Rights pursuant to the Procedures.
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Initial Bid means each Bidder’s final submission following the end of the Meeting Stage set out at paragraph 10 above;
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Examples of Initial Bid in a sentence

  • On or prior to the last day of the Initial Marketing Period, Lessee shall deliver to Lessor any Conforming Bid selected by Lessee (the "Initial Bid").

  • The Initial Bid and the bids by subcontractors shall cover the entire TI Work package for the TI Work.

  • Tenant shall select a contractor (the “TI Contractor”), taking into account, in Tenant’s good faith judgment, all factors associated with the bids, including without limitation, price, quality of materials to be used, estimated completion time, and Landlord’s preference if any, and shall notify Landlord of the amount of the Initial Bid and the TI Contractor selected by Tenant.

  • Based on the Contractor’s Initial Bid, Landlord shall deliver to Tenant a revised written estimate on the part of Landlord of the Project Costs for the Identified Expansion Building (“Revised Project Cost Estimate”).

  • On June 27, 2000, Bayer AG submitted a preliminary indicative bid providing a range for the enterprise value of the Company in accordance with the instructions provided in the Initial Bid Instruction Letter, subject to, among other terms, a need for a period of due diligence.

  • At the close of the Initial Bid Period, the Agent will review the bids received with P-B Properties and Lead Class Counsel, and thereafter will encourage bids higher than the previous high bid from bidders (other than the Spanos affiliate) who have previously bid on a Property or Properties, for a period of no more than 30 days from the close of the Initial Bid Period.

  • The Conversion Price shall be equal to the highest of either (i) the initial bid price (the "Initial Bid Price") of the Company's Common Stock as submitted by a market maker and accepted by the National Association of Securities Dealers, Inc.

  • The Agent shall provide bidders with not less than 30 days and not more than 45 days thereafter (the "Initial Bid Period") within which to conduct further due diligence and submit all preliminary written bids.

  • In the event Applicant is not the winning bidder in the MVDDS Auction, Applicant shall repay the Initial Bid Loan promptly to Lender upon receiving a return of the upfront payment to the FCC in connection with the MVDDS Auction.

  • If the purchase price specified in the Initial Bid is equal to or greater than the difference between the Outstanding Lease Amount and Residual Value Guaranty Amount under Facility 2, Lessor shall accept such bid and Lessee shall have no further obligations to solicit additional bids.


More Definitions of Initial Bid

Initial Bid means each of the written proposals submitted by a Bidder as part of this procurement process and in response to the Initial Bid Requirements set out in this IPD
Sample 1
Initial Bid means the initial amount, expressed in Canadian dollars and cents ($) per cubic metre (m3), the bidder will pay to the Province for each cubic metre of primary species volume produced from the permit if issued to the bidder.
Sample 1
Initial Bid means an initial bid entered by a Bidder in respect of Phase 1b of the Procurement Process;
Sample 1

Related to Initial Bid

  • BC Bid means the BC Bid website located at www.bcbid.ca;

  • Proposal / Bid means the technical proposal and the commercial/financial proposal.

  • Successful Bidder As defined in Section 7.01(c).

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date

  • Alternative Transaction means the sale, transfer, lease or other disposition, directly or indirectly, including through an asset sale, stock sale, merger or other similar transaction, of all or substantially all of the Purchased Assets in a transaction or a series of transactions with one or more Persons other than Purchaser (or its Affiliates).

  • Preferred Bidder means a bidder that is entitled to receive a reciprocal preference under the requirements of this chapter.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Successful Bidder(s) means the bidder(s) to whom work in this tender is awarded.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Designated Bidder means (a) an Eligible Assignee or (b) a special purpose corporation that is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and that issues (or the parent of which issues) commercial paper rated at least "Prime-1" (or the then equivalent grade) by Xxxxx'x or "A-1" (or the then equivalent grade) by S&P that, in the case of either clause (a) or (b), (i) is organized under the laws of the United States or any State thereof, (ii) shall have become a party hereto pursuant to Section 8.07(d), (e) and (f) and (iii) is not otherwise a Lender.

  • Proposed Purchaser shall have the meaning set forth in Section 5.7(a).

  • Alternative Transaction Proposal means any offer, inquiry or proposal, written or oral (whether binding or non-binding and other than an offer, inquiry or proposal by Parent or an Affiliate of Parent), relating to an Alternative Transaction.

  • Qualified Bidder As defined in Section 7.01(c).

  • Second Closing Date means the date of the Second Closing.

  • issuer bid means an offer to acquire or redeem securities of an issuer made by the issuer to one or more persons, any of whom is in the local jurisdiction or whose last address as shown on the books of the offeree issuer is in the local jurisdiction, and also includes an acquisition or redemption of securities of the issuer by the issuer from those persons, but does not include an offer to acquire or redeem, or an acquisition or redemption if

  • Purchase and Sale Agreement means that certain Purchase and Sale Agreement, dated as of the Closing Date, between the Transferor, as the seller, and the Borrower, as the purchaser, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Price Bid means the Price Bid submitted by the Bidder, in accordance with Clause 8.15.2;

  • Qualified Bidder(s means a Bidder who fulfills the eligibility criteria listed out in the E-Auction Process Information Document.

  • Selected Bidder or “Successful Bidder” shall mean the Bidder selected pursuant to this RfS to set up the Project and supply electrical output as per the terms of standard PPA.